Basketball Rim Injury at Mall Leaves Teacher Without a Finger, Insurer Ordered to Pay Rs 8.22 Lakh
Basketball: A consumer commission in Himachal Pradesh has directed an insurance company to pay Rs 8.22 lakh in compensation to...
Month: September 2026
HDFC Life, SBI Life Rally Up To 7% On Lower Commission Bets
HDFC Life: Shares of life and general insurance companies surged on Thursday, with gains of up to 7 percent, after...
Insurer Said No, Court Said Pay: Jaguar Owner Wins Insurance Claim After Rainwater Denial
Jaguar: A District Consumer Disputes Redressal Commission in Chhattisgarh has directed an insurance company to compensate a car owner after...
General Insurers’ Underwriting Losses Widen to Rs 45,279 Crore in FY26
General Insurers: India's general insurance industry reported underwriting losses of Rs 45,279 crore in FY26, widening from Rs 31,043 crore...
Learner’s Licence Doesn’t Guarantee Insurance Cover Unless Conditions Are Met: Karnataka High Court
Learner's Licence: The Karnataka High Court's Dharwad Bench has partly allowed an appeal filed by The New India Assurance Co....
EPFO Wage Ceiling Hiked to ₹ 25,000: Over 51 Lakh Employees to Benefit
EPFO: The Union Cabinet, chaired by Prime Minister Narendra Modi, approved on September 16, 2026 a proposal from the Ministry...
IRDAI Commission Paper to be Directional; Extends Runway for Distributors
New Delhi, IRDAI: The Insurance Regulatory and Development Authority (IRDAI) is preparing a consultation paper on insurance commission structures that...
Investing via UPI in stocks, mutual funds? Here’s what Costs More Under the New MDR Rule
New Delhi, UPI: India's new Merchant Discount Rate (MDR) framework for UPI, set to take effect from 15 October 2026,...
NPCI Sets Flat ₹5 UPI Fee on Insurance Premiums as New MDR Regime Kicks In
NPCI: The National Payments Corporation of India (NPCI) has confirmed that insurance premium payments made through UPI will attract a...
Bamboo Insurance Launches IPO Roadshow, Targets $18-$20 Per Share on NYSE
Bamboo Insurance: Bamboo Insurance Services, Inc., a technology-driven managing general underwriter specializing in homeowners' insurance, has launched the roadshow for...
Yogi Adityanath Announces ₹5 Lakh Cashless Health Cover for UP Lawyers
Yogi Adityanath: Uttar Pradesh chief minister Yogi Adityanath on September 14 announced a ₹5 lakh cashless medical insurance facility for...
New India Assurance Ordered to Pay Rs 8.06 Crore Fire Insurance Claim to Victorinox India
New India Assurance: The District Consumer Disputes Redressal Commission (South Mumbai) has directed New India Assurance Company to pay Rs...
Delhi Consumer Commission Orders Insurer to Pay Rs 25.6 Lakh Over Power Theft Claim Rejection
Delhi Consumer Commission: The Delhi State Consumer Commission has ordered National Insurance Company Ltd to pay Rs 25.61 lakh to...
Mumbai Senior Citizen Loses Rs 64 Lakh in 11-Year Insurance Refund Scam, Digital Arrest
Mumbai: The complainant told police he had purchased four Birla Sun Life Insurance policies in September 2011 through an agent...
BRICS Summit: Putin Proposes Insurance Mechanism, Grain Market Initiative
New Delhi, BRICS Summit: Russian President Vladimir Putin called for a dedicated insurance mechanism and a joint grain-trade initiative within...
